
Constructive Dialogue in Stockholm
In a significant development, China's international trade negotiator, Li Chenggang from the Ministry of Commerce, announced on Tuesday that China and the United States have agreed to extend their tariff truce. This agreement came after the conclusion of the second day of trade talks in Stockholm, marking a pivotal moment in bilateral trade relations.
Reviewing the Geneva Consensus
Li highlighted that both nations have taken time to review the Geneva consensus, underscoring the mutual recognition of the importance of maintaining healthy and stable trade relations. The commitment to continue utilizing the trade consultation mechanism was reaffirmed, showcasing a shared dedication to resolving trade disputes amicably.
A Candid and Constructive Exchange
Describing the discussions as both "candid" and "constructive," Li's comments to reporters reflect a positive atmosphere that could pave the way for future negotiations. With more details expected to emerge, the international community watches closely as these two economic powerhouses work towards a harmonious trade relationship.
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